In 2021, we caught a glimpse of the potential of Web3 Gaming via Axie Infinity’s rise to fame. Popularizing the Play-to-Earn (P2E) model most of us are familiar with, Axie has grown from 10k DAUs in early 2021 to a peak of 3 million DAUs and brought in $1.3B revenue in 2021 according to Nansen. What’s more surprising is that Axie was still in its infancy; the simple battle game was just a Beta version.

Axie’s parabolic growth signaled to the gaming industry the untapped potential of Web3 Gaming, inspiring a great influx of gaming talent into crypto. Stock prices of publicly-listed gaming studios have even re-rated upwards due to Web3 pivots and token launches.

Utilizing blockchain technology, token incentives for activity and true ownership of gaming assets via NFTs were introduced into games to give rise to the Play-to-Earn business model. P2E players are able to convert their time spent in a game into tokens and NFTs which can then be converted to cash to be used in the real world. Typically in such games, the “Earn” component of the game is heavily emphasized to attract players to play for rewards, hoping that a portion will be converted into paying players.

In Axie Infinity, players at one point were able to earn more than USD $200 per day if they were in a high MMR bracket. In developing countries such as the Philippines, this amount can be much higher than the minimum daily wage of ~USD$10. However, it is unwise to rely on games as jobs as token prices experience large fluctuations and are unable to sustain prices if supply exceeds demand. A nascent game economy with limited depth of content will not be able to support a player base that is predominantly value extracting.

In the open economies of Play-to-Earn games, the health of the economy becomes paramount and there is an ever-pressing need to ensure that token faucets and sinks are balanced such that the value of the core currency and items are stable. Limiting the amount of speculation in a nascent economy is also important to limit the degradation of user experience due to volatility.

Following Axie’s footsteps, we have seen some P2E games try to emulate their success. Most have struggled with overly high inflation of their in-game currency due to poor economic design and management — a high percentage of players cashing out causes a death spiral where as token prices drop, earnings of players drop, and they stop playing the game because their main reason for playing is to earn financial yield.

In traditional GameFi games, users need to search and screen their favorite games by themselves, and then try them out one by one. But the pitfalls of the current P2E model are well recognised, namely the challenges with managing an inflationary economy and attracting value extractors rather than real players. Most have struggled with overly high inflation of their in-game currency due to poor economic design and management — a high percentage of players cashing out causes a death spiral where as token prices drop, earnings of players drop, and they stop playing the game because their main reason for playing is to earn financial yield.

In this context, AiGuild was born.

AiGuild is a decentralized GameFi aggregation platform, enabling players to explore existing and upcoming games across multiple blockchain networks. The aggregator also allows players to manage in-game NFTs, track earnings, and demo minigames. The idea is to create a one-stop store for all tokens, game releases, promotions, and more. AiGuild’s high-speed and stable game computing and storage service network based on edge computing can help users customize the best game combinations and playing strategies in GameFi, and all earnings will be the official token, making it easy for them to cash in on the value.

AiGuild attempts to further revolutionize the GameFi system by building an infrastructure and trying to leverage their hardware advantage to create a hardware-based Web3 gaming platform with open and easy-to-use SDKs and APIs to empower the GameFi industry. In this Web3 gaming world, people with identities are able to showcase their achievements, make friends, explore games, and even enable direct monetization of identities with unlimited extensions. And we hope to build a bridge between Web2 gamers and the Web3 gaming ecosystem to maximize value for gamers, game developers, guilds and investors.

AiGuild is an all-in-one game guild ecosystem. The team would like to integrate their advantage of software and hardware to create a Web3 gaming platform based on the artificial intelligence, SDK and API which are open and easy to use to empower the entire gaming industry. In this Web3 gaming world, people who have identities(DID) enable to display their achievements, make friends, explore games and even can make DID monetized directly so that can take it anywhere.

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In 2021, we caught a glimpse of the potential of Web3 Gaming via Axie Infinity’s rise to fame. Popularizing the Play-to-Earn (P2E) model most of us are familiar with, Axie has grown from 10k DAUs in early 2021 to a peak of 3 million DAUs and brought in $1.3B revenue in 2021 according to Nansen. What’s more surprising is that Axie was still in its infancy; the simple battle game was just a Beta version.

Axie’s parabolic growth signaled to the gaming industry the untapped potential of Web3 Gaming, inspiring a great influx of gaming talent into crypto. Stock prices of publicly-listed gaming studios have even re-rated upwards due to Web3 pivots and token launches.

Utilizing blockchain technology, token incentives for activity and true ownership of gaming assets via NFTs were introduced into games to give rise to the Play-to-Earn business model. P2E players are able to convert their time spent in a game into tokens and NFTs which can then be converted to cash to be used in the real world. Typically in such games, the “Earn” component of the game is heavily emphasized to attract players to play for rewards, hoping that a portion will be converted into paying players.

In Axie Infinity, players at one point were able to earn more than USD $200 per day if they were in a high MMR bracket. In developing countries such as the Philippines, this amount can be much higher than the minimum daily wage of ~USD$10. However, it is unwise to rely on games as jobs as token prices experience large fluctuations and are unable to sustain prices if supply exceeds demand. A nascent game economy with limited depth of content will not be able to support a player base that is predominantly value extracting.

In the open economies of Play-to-Earn games, the health of the economy becomes paramount and there is an ever-pressing need to ensure that token faucets and sinks are balanced such that the value of the core currency and items are stable. Limiting the amount of speculation in a nascent economy is also important to limit the degradation of user experience due to volatility.

Following Axie’s footsteps, we have seen some P2E games try to emulate their success. Most have struggled with overly high inflation of their in-game currency due to poor economic design and management — a high percentage of players cashing out causes a death spiral where as token prices drop, earnings of players drop, and they stop playing the game because their main reason for playing is to earn financial yield.

In traditional GameFi games, users need to search and screen their favorite games by themselves, and then try them out one by one. But the pitfalls of the current P2E model are well recognised, namely the challenges with managing an inflationary economy and attracting value extractors rather than real players. Most have struggled with overly high inflation of their in-game currency due to poor economic design and management — a high percentage of players cashing out causes a death spiral where as token prices drop, earnings of players drop, and they stop playing the game because their main reason for playing is to earn financial yield.

In this context, AiGuild was born.

AiGuild is a decentralized GameFi aggregation platform, enabling players to explore existing and upcoming games across multiple blockchain networks. The aggregator also allows players to manage in-game NFTs, track earnings, and demo minigames. The idea is to create a one-stop store for all tokens, game releases, promotions, and more. AiGuild’s high-speed and stable game computing and storage service network based on edge computing can help users customize the best game combinations and playing strategies in GameFi, and all earnings will be the official token, making it easy for them to cash in on the value.

AiGuild attempts to further revolutionize the GameFi system by building an infrastructure and trying to leverage their hardware advantage to create a hardware-based Web3 gaming platform with open and easy-to-use SDKs and APIs to empower the GameFi industry. In this Web3 gaming world, people with identities are able to showcase their achievements, make friends, explore games, and even enable direct monetization of identities with unlimited extensions. And we hope to build a bridge between Web2 gamers and the Web3 gaming ecosystem to maximize value for gamers, game developers, guilds and investors.

AiGuild is an all-in-one game guild ecosystem. The team would like to integrate their advantage of software and hardware to create a Web3 gaming platform based on the artificial intelligence, SDK and API which are open and easy to use to empower the entire gaming industry. In this Web3 gaming world, people who have identities(DID) enable to display their achievements, make friends, explore games and even can make DID monetized directly so that can take it anywhere.

Website|Twitter|Discord|Telegram|Medium